While sporting events, conferences and exhibitions are returning in the wake of COVID-19, hybrid events that mix physical and virtual elements remain an important part of event planning and increased audience participation, Beazley said.

The success of a hybrid event depends on the correct functioning of both technology and physical infrastructure. A failure in either can damage both the finances and reputations of event organizers.

Beazley’s hybrid event cancellation coverage offers US companies protection against these threats in a single policy.